26 April 2019
We are paying the amount for online advertisement to facebook which is non resident company. we have to deduct TDS under equalisation levy. Can you please explain the procedure for the Computation of TDS under equalisation levy?
27 April 2019
No, deduct from the payments. The equalisation levy so deducted during any calendar month in accordance with the provisions of sub-section (1) shall be paid by every assessee to the credit of the Central Government by the seventh day of the month immediately following the said calendar month.